[Who dat?]

Very irksome, the very ones at the top who created the disaster walk away smiling, while the minions get stuffed.

Better throw open the windows and get some ventilation – there’s fumes or something where you are.

Problem stems from the fact that unions have been able to legally extort compensation WELL in excess of their value or importance. Executive pay is a drop in the bucket.

Those “minions” were pulling in 68K back in 1984 working 36 hours/wk – with a pension and health/welfare plan you’d kill for.

Chickens coming home to roost. That’s my opinion.

[ldish]

but not yet to government employees and members of congress

[drt1]

You are only partially correct. The rich contracts that the Unions negotiated were agreed to by management - The very same ones who have also garnered generous pay/benefits that are commensurate with what they agreed to with the Unions.

If these contracts were inherently uneconomical management had a duty, along with the stockholders through their representation on the Board, to refuse the agreement.

It takes two to engage in this and, though I don't like Unions in general, I do not excuse management for their turpitude and, in the final fling of paying themselves, from the accusations of fraudulent behavior.

[Ursus arctos horribilis]

Perhaps, sounds like they were their own fox in the chicken coop.

[jeffc]

Those “minions” were pulling in 68K back in 1984 working 36 hours/wk – with a pension and health/welfare plan you’d kill for.

And how much were "the brass" pulling down? I would wager a heck of alot more, and who says they're worth it? I don't think the bankruptcy was the "minions" fault . . .